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Home Tech Semiconductors

Merrill Lynch downgrades MediaTek and Sunplus

Maggie Chen, Taipei; Steve Shen, DIGITIMES Asia Tuesday 27 July 2004 0

US investment bank Merrill Lynch on Monday downgraded its ratings of MediaTek and Sunplus Technology, due to worries that demand for their chips may not be as strong as expected in the second half of this year and next year.

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